Spaceium AMA

we hosted an amazing AMA with Spaceium on the 7th of July

And here we will put some of the best questions:

Q1. Can you please introduce yourself as well as Spaceium ?

Sure, well I’m Nils-Julius Byrkjeland, the founder and currently CEO & CTO of the Spaceium project. Apart from Spaceium I’m a student in Psychology and a cryptocurrency enthusiast. I’ve been in the cryptocurrency world since I was 13 (soon 10 years). It’s been a funny way of learning things and understanding the technology of the ideas, products and services that different companies use, crypto or non crypto.
Spaceium is a blockchain financial platform that are providing solutions for the people with payment processing products, money transfers and banking cards etc. Spaceium is designed on the core idea that you should be able to choose how you want to use your funds, how you want and whenever you want. We want to make it easier for people to join the cryptocurrency world and will offer bank accounts in euros and usd. We’ll also offer MasterCard for the users that want it but in the end you’ll don’t need it if enough merchants uses our products. 😉
Spaceium is blockchain built upon the PIVX blockchain and is designed with a Proof-of-Stake with a masternode collateral of 2500 SPM. Total supply is 30,000,000 SPM and with the staking mechanism, people will be able to buy a certain amount of SPM to get free transactions on the network. A way to provide a safe and sustainable blockchain for everyone.

Q2. What are the advantages of Your project ?

I think the advantages of our project is that we have made a really good research, to be able to design services that are beneficial for everyone in the long term. We offer a wide range of products that will not only in the end give more funds to the people (instead of paying high transaction fees) but make it possible for economic growth to build a better future for themselves. The best advantages in my opinion is that we have built this system to be scalable and built for the long term.

Q3 please tell us about the goal you want to achieve in this year?

Our main goal is of course to make the ICO be as successful as possible. Apart from that we are currently working with the different and newer versions of wallets etc and discussions with many partnerships, exchanges, platforms etc. Just to make sure we follow our roadmap, which you can find on the website! In short, try to get so much awareness of our project and partnerships that are good for us in the longterm.

Q4. Every project has a story behind their name, Can you tell us more about the story?

This is actually a funny story. The name Spaceium is actually two words. The first part “Space” is exactly what you think it is. The other word “ium” comes from the word “Spatium” from latin which is latin for Space. Put the first word Space and ium together and you have Spaceium. The core idea of the name was that the space is connected with everything and important part in all of our lives. The connection between all the galaxies and planets can somehow look like a decentralised network (if you use somewhat imagination, hehe). We’ve had different ideas but Spaceium is the best, because you can use parts of it to easily explain different parts of the system. Example: Spacenodes could be our name of masternodes or SpacePay for our Point-of-sale systems! The creativity is the only thing that can stop us! In general we’re all really pleased with the name.

And here we will put best questions from our members and Spaceium fans:

Q1. Please describe some of the key features that distinguish this project from its competitors in the market. Also, what are the best methods for purchasing or where we can buy the coins?

We’ll offer a decentralised solution in regards of payment processing, remittance transfers and point of sale system. With the core idea that the provider of these shouldn’t have extremely high fees and that anyone can participate in the network.
The best and currently only method, haha is by the website where you can pay with Bitcoin (BTC), Litecoin (LTC), Binance Coin (BNB), DASH (DASH), Ethereum/Ether (ETH), Tether (USDT) and Cardano (ADA).

Q2. Sir, Your changes are commendable, how can you survive the bear market and keep building and growing as many projects have died this time around ?

I think we’ll be pretty good with surviving the bear market. Because our system is built on transactions and volume and therefore that is the main factor that will be determining the price of the coin. We have a determined team and goals and know what we want to do and how we will do it. We are here for the longterm and will build this for the people.

Q3. 1-Raise the price of Tokens
2- Make Tokens Useful
3-Establishing Trust in the Community From the three points mentioned before, I have a question for you. Which one is the most crucial for you? If all of the above is vital to you, Which one will you tackle first?

I think all three points are crucial for the project. Though I think trust is the most vital point for the project in regards of where we currently are. You can’t build something if you’re not trustworthy and I think that is really important for the people that are using our services to feel that they are “taken care of”. Though every aspect is important for the success of the project.

Q4. Is Spaceium offering us a fair payment processing fees at the same time when the outdoor is messed up with high heels ( high fees)?

Yeah, we have really fair processing fees especially for low income countries. We want anyone to be able to join the network and support it while maintaining low fees. A good tip is to join and read our medium blog, I’ve written an article about this!

Q5. Can you tell me the reason why this project is worthy to invest into compared to its already established competitors?

We’ve built this for the people. Decentralised and transparency and honesty is our core values. No hidden fees or anything else. We have a valid and reliable idea that is proven that we can accomplish this. It’s not a “IF” but rather “When?” Position we are sitting on. Always do your own research, read the white paper and make your own judgement about your investments.

Q6. if I have $ SPM ? what is my advantage when buying your token?

Your advantage of having SPM is that when in the future and we are seeing a more organic and stable growth. You’ll be able to send and pay for products and services without any fees. To anyone and anywhere!

Q7. Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?

Yeah that is correct, we are doing really much work and effort to be able to provide services that we offer to low income countries. The Spaceium foundation are playing not a marketing perspective of this but a really good thing for people that need it. You can read it more on the whitepaper.

Q8. The DeFi field is full of many projects, all of which provide functions such as lending, staking, and liquidity on multiple platforms. As we all know, marketing is essential for every project. What strategy do you plan to this project to attract more users?

We are doing this to build an organic growth of the project. We don’t want to overhype things and we want true supporters of this project to fully understand and believe in this. I think this is the way to build things, just as mentioned earlier. Being honest and doing things the right way is how we want to do this. You can actually become an affiliate of this project and you’ll earn 5% of every person that you refer purchasing volume in SPM. The best part, that person also get’s 5% more

Q9. Many things can make a project strong like the community,the quality of the project,its investors. What make your project strong? What will you do to make it more stronger?Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?

Good question! I believe one of the most important things is the community behind every project. Just take a look at how Bitcoin has succeded. Remember it’s not a sprint but an marathon. By building a community that is believers of this project this will help the project grow. We won’t have any burns etc.

Q10. Have a nice day,
Partnerships are crucial for Adoption, so can you tell us what partners you have currently and future partnerships?

We are currently in discussion with several exchanges and different partnerships. We have some partnerships that we can launch right now but we want to grow this in a healthy and sustainable way. Make sure to follow us and be ready for updates. We’ve just launched with CoinCodex!

And this was the end of our AMA with Spaceium.

If you have any other questions you can ask here:

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